MICHAEL THOMAS EUSTACE

MICHAEL THOMAS EUSTACE is currently employed as a Broker and/or Investment Adviser at UBS FINANCIAL SERVICES INC. located at 1285 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK, NY, 10019.

MICHAEL THOMAS EUSTACE has worked at UBS FINANCIAL SERVICES INC. since December 11, 2015

Disclosure History

MICHAEL THOMAS EUSTACE has 2 Disclosure Event(s).

Date: October 05, 2009
Category: Customer Dispute
Allegations: SUITABILITY, MISREPRESENTATION, OMISSION, BREACH OF CONTRACT, NEGLIGENCE AND FRAUD CLAIMS IN CONNECTION WITH LEHMAN PRINCIPAL PROTECTED NOTE SALES.
Damage Amount Requested: $8,230,000.00
Settlement Amount: $6,100,000.00
Broker Comment: FA DID NOT CONTRIBUTE TO SETTLEMENT. UBSFS THIRD-PARTY CLAIM AGAINST FA REMAINS PENDING

Date: September 17, 2009
Category: Customer Dispute
Allegations: SUITABILITY, MISREPRESENTATION, OMISSION, BREACH OF CONTRACT, NEGLIGENCE AND FRAUD CLAIMS IN CONNECTION WITH LEHMAN PRINCIPAL PROTECTED NOTE SALES.
Damage Amount Requested: $1,800,000.00
Settlement Amount: $1,250,000.00
Broker Comment: NAMED BY FORMER FIRM AS RESPONDENT IN THIRD PARTY INDEMNIFICATION CLAIM. NO DIRECT CLAIM OF UNSUITABILITY BY CUSTOMER/INVESTOR.SETTLEMENT AS BETWEEN UBSFS AND CLAIMANT. FA DID NOT CONTRIBUTE TO THE SETTLEMENT. UBS THIRD-PARTY CLAIM FOR INDEMNIFICATION AGAINST MR. EUSTACE IS STAYED.

More Information

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